WOLVERINE ASSET MANAGEMENT, LLC

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}
{{ Info.Homepage }}

Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

45 -2.17%

of those in investment advisory functions:

22

Registration:

SEC, Approved, 8/9/2011

AUM:

7,990,052,758 -5.17%

of that, discretionary:

7,990,052,758 -5.17%

GAV:

7,990,052,758 -5.17%

Avg Account Size:

2,663,350,919 -5.17%

SMA’s:

NO

Private Funds:

1

Contact Info

312 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
14B 12B 10B 8B 6B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Wolverine Asset Management LLC Reduces Stake in Infint Acquisition Corp
08/24/2023

Related Stocks: IFIN, SPY, INFN, RBC, IIVI.PFD, CLVTPA.PFD,

gurufocus.com

The Korea Fund, Inc. (NYSE:KF) Short Interest Update - MarketBeat
08/14/2023

Institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC purchased a ...

marketbeat.com

The New America High Income Fund (NYSE:HYB) Share Price Crosses Below Two ...
11/26/2022

A number of hedge funds have recently made changes to their positions in HYB. Wolverine Asset Management LLC acquired a new position in shares of ...

etfdailynews.com

The Korea Fund, Inc. (NYSE:KF) Short Interest Update | MarketBeat
07/03/2022

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KF. Wolverine Asset Management LLC raised ...

marketbeat.com

Wolverine Asset Management Llc Buys iShares Russell 2000 ETF, NextEra Energy Inc, Colfax Corp, ...
05/13/2021

Related Stocks: NEEPO, CFXA, PCGU, GFLU, SRE, PANW, IWM, XLE, WTRU, TEKK, AE,

gurufocus.com

Wolverine Asset Management, LLC
12/10/2020

This fund was ranked based on the data in Barclay Hedge's hedge fund database. Wolverine Flagship Fund Trading Ltd ...

wolvefunds.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $7,990,052,758

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
ZACKS INVESTMENT MANAGEMENT, INC. 10.4m - - - - - - 10.4m 8.4b 2
SONA ASSET MANAGEMENT (US) LLC 10.1b - - - - - - 10.1b 12.8b 2
COMPASS ROSE ASSET MANAGEMENT, LP 12.0b - - - - - - 12.0b 12.4b 3
FREESTONE CAPITAL MANAGEMENT, LLC 1.4b - - - - - - 1.4b 9.5b 14
GREEN COURT CAPITAL MANAGEMENT LIMITED 2.0b - - - - - - 2.0b 5.4b 4
NEUBERGER BERMAN CANADA ULC 263.9m - - - - - - 263.9m 11.2b 1
PAAMCO PRISMA, LLC 6.0b - - - - - - 6.0b 9.3b 14
ONE WILLIAM STREET CAPITAL MANAGEMENT, LP. 9.1b - - - - - - 9.1b 9.7b 9
LOMBARD ODIER ASSET MANAGEMENT (USA) CORP 8.2b - - - - - - 8.2b 8.3b 15
TRUTINO CAPITAL MANAGEMENT, LLC 1.1b - - - - - - 1.1b 8.5b 1

Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
78462F103 SPDR S&P 500 ETF TR $792,943,987 7.00% 1752.00% 1566.00%
78462F103 SPDR S&P 500 ETF TR (PUT) $376,017,741 3.00% 137.00% 114.00%
01741RAK8 ATI INC $215,406,177 2.00% 7.00% -2.00%
50202MAB8 LI AUTO INC $130,003,555 1.00% 5.00% 1.00%
55405YAB6 MACOM TECH SOLUTIONS HLDGS I $74,061,561 1.00% 9.00% 0.00%
26142RAB0 DRAFTKINGS INC NEW $120,088,498 1.00% 7.00% 0.00%
29404KAG1 ENVESTNET INC $80,505,041 1.00%
23282WAC4 CYTOKINETICS INC $169,632,893 1.00% 123.00% 8.00%
457669AB5 INSMED INC $78,500,262 1.00% 16.00% 0.00%
632307AB0 NATERA INC $79,760,417 1.00% 48.00% 14.00%

Brochure Summary

Overview

i) Firm Description Wolverine Asset Management, LLC (“WAM” or “us” or “we”) was formed in 2001 to provide discretionary investment management services utilizing structural arbitrage and relative value strategies to institutional clients. The indirect principal owners of WAM are Christopher Gust and Robert Bellick. ii) Types of Advisory Services WAM offers investment advisory services to institutional clients, including pooled investment vehicles (e.g., hedge funds). WAM serves as the discretionary investment manager to the funds listed below and may in the future serve as the discretionary investment manager to additional pooled investment vehicles, accounts and other arrangements with institutional clients (collectively, the “WAM Funds”). The WAM Funds are offered only to high-net-worth, sophisticated institutional and individual investors. The “WAM Funds” include:
• Wolverine Flagship Fund, LLC (U.S.-domiciled feeder fund);
• Wolverine Flagship Fund Limited (Cayman-domiciled feeder fund); and
• Wolverine Flagship Fund Trading Limited
(a Cayman-domiciled master fund) (“WFFTL”). The objective of the WAM Funds is to seek returns on capital through the use of arbitrage and relative value strategies. See Item 8 for a more detailed explanation of the specific strategies implemented by the WAM Funds. All investment and trading activity takes place at the WFFTL level for the WAM Funds. The general purpose of the U.S.-domiciled feeder fund is to accept investments from U.S. taxable investors and the general purpose of the Cayman-domiciled feeder fund is to accept investments from U.S. tax-exempt investors and non-U.S. investors. Transactions entered into by WAM on behalf of WFFTL are outlined in the confidential information memorandum or any other written agreement between WAM and the WAM Funds. Transactions entered into by WAM on behalf of the WAM Funds are not based on the individual needs of investors in the WAM Funds. iii) Management of Client Assets As of December 31, 2022, WAM managed approximately $3,813,512,796 in assets on a discretionary basis on behalf of the WAM Funds.